Kineactief: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Kineactief
Largest movements
- Tangible fixed assets +€366,971
up €366,971 (+46675.9%), from €786 to €367,757
of which Land and buildings: +€367,366
- Cash -€9,305
down €9,305 (-18.3%), from €50,900 to €41,595
mainly Investment in fixed assets (net) (-€367,421) and Deferred charges and accrued income (-€2,710)
- Debts after one year +€345,973
new in 2025: €345,973
- Current portion of long-term debt +€11,710
new in 2025: €11,710
- Gross operating margin +€15,916
up €15,916 (+186.1%), from €8,551 to €24,467
- Other operating charges +€15,580
up €15,580 (+1470.9%), from €1,059 to €16,639
- Financial charges +€5,817
up €5,817 (+7634.3%), from €76 to €5,894
- Depreciation -€2,130
down €2,130 (-82.5%), from €2,581 to €451
- Taxes -€1,028
no longer reported in 2025 (was €1,028)
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,686 | €412,063 | +€360,376 | +697.2% |
| Fixed assets | 21/28 | €786 | €367,757 | +€366,971 | +46675.9% |
| Tangible fixed assets | 22/27 | €786 | €367,757 | +€366,971 | +46675.9% |
| Land and buildings | 22 | - | €367,366 | +€367,366 | |
| Plant, machinery and equipment | 23 | €786 | €391 | -€395 | -50.3% |
| Current assets | 29/58 | €50,900 | €44,306 | -€6,594 | -13.0% |
| Cash at bank and in hand | 54/58 | €50,900 | €41,595 | -€9,305 | -18.3% |
| Deferred charges and accrued income | 490/1 | - | €2,710 | +€2,710 | |
| Total equity and liabilities | 10/49 | €51,686 | €412,063 | +€360,376 | +697.2% |
| Equity | 10/15 | €6,807 | €8,290 | +€1,483 | +21.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €3,807 | €5,290 | +€1,483 | +39.0% |
| Distributable reserves | 133 | €3,807 | €5,290 | +€1,483 | +39.0% |
| Amounts payable | 17/49 | €44,879 | €403,772 | +€358,893 | +799.7% |
| Amounts payable after more than one year | 17 | - | €345,973 | +€345,973 | |
| Financial debts | 170/4 | - | €345,973 | +€345,973 | |
| Amounts payable within one year | 42/48 | €2,836 | €12,518 | +€9,682 | +341.4% |
| Current portion of amounts payable after more than one year | 42 | - | €11,710 | +€11,710 | |
| Trade debts | 44 | €1,217 | €391 | -€826 | -67.8% |
| Suppliers | 440/4 | €1,217 | €391 | -€826 | -67.8% |
| Taxes, remuneration and social security | 45 | €1,028 | - | -€1,028 | |
| Taxes | 450/3 | €1,028 | - | -€1,028 | |
| Other amounts payable | 47/48 | €591 | €417 | -€174 | -29.4% |
| Accrued charges and deferred income | 492/3 | €42,043 | €45,281 | +€3,238 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,581 | €451 | -€2,130 | -82.5% |
| Other operating charges | 640/8 | €1,059 | €16,639 | +€15,580 | +1470.9% |
| Gross operating margin | 9900 | €8,551 | €24,467 | +€15,916 | +186.1% |
| Operating profit (loss) | 9901 | €4,911 | €7,377 | +€2,466 | +50.2% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €76 | €5,894 | +€5,817 | +7634.3% |
| Recurring financial charges | 65 | €76 | €5,894 | +€5,817 | +7634.3% |
| Profit (loss) for the period before taxes | 9903 | €4,835 | €1,483 | -€3,352 | -69.3% |
| Income taxes | 67/77 | €1,028 | - | -€1,028 | |
| Profit (loss) for the period | 9904 | €3,807 | €1,483 | -€2,324 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,807 | €1,483 | -€2,324 | -61.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.